Client: Asbury Partners LLC / iStar Financial

Overview

Phillips Preiss is providing ongoing planning services to Asbury Partners LLC, the designated Master Developer of a 50-acre redevelopment area on the waterfront within the City of Asbury Park, NJ. The firm’s work has included drafting a comprehensive amendment to the Waterfront Redevelopment Plan in coordination with the City, preparing economic and fiscal impact analyses, and providing expert testimony in condemnation matters.

Results

Asbury Partners LLC’s VIVE townhome development is under construction. The amended Waterfront Redevelopment Plan was adopted by the City of Asbury Park.